Chinese investors who once bought New York City hotels and other Western assets are placing their money elsewhere, including Indonesia’s nickel industry.
China investing in Asia over the west as RCEP comes into force and the west is driving straight into yet another crisis, what a shock. Pivoting towards investing in an area of fast growing economies with favorable terms of investment, and makes logistical sense for China is surely a sign of “China’s fragile economic situation". Why else would they invest in the Jungle over the Garden?
American oligarchs definitely aren’t funneling millions of dollars into these useless think tanks for actual research. Of course there’s going to be a decline of foreign investment in terms of dollars as the dollar shot up in value. A certain country bombed a pipeline and secured a major market for their natural gas making their currency extra valuable. The actual RMB value of foreign investments hasn’t changed much.
The only useful thing that China could’ve invested in west for was tech, which the US will do whatever meddling they can to block. Investing in western real estate at this point is just asking to become a bag holder. It’s not just because it’s a bubble as the west has failed to deleverage and let the market cool as China did. The west also has no qualms in stealing other countries holdings in the west as they did with Venezuela and Russia. If it were the other way around and a country were to nationalize the west’s holdings, the west is guaranteed to engage in a regime change operation in that country.
China investing in Asia over the west as RCEP comes into force and the west is driving straight into yet another crisis, what a shock. Pivoting towards investing in an area of fast growing economies with favorable terms of investment, and makes logistical sense for China is surely a sign of “China’s fragile economic situation". Why else would they invest in the Jungle over the Garden?
American oligarchs definitely aren’t funneling millions of dollars into these useless think tanks for actual research. Of course there’s going to be a decline of foreign investment in terms of dollars as the dollar shot up in value. A certain country bombed a pipeline and secured a major market for their natural gas making their currency extra valuable. The actual RMB value of foreign investments hasn’t changed much.
The only useful thing that China could’ve invested in west for was tech, which the US will do whatever meddling they can to block. Investing in western real estate at this point is just asking to become a bag holder. It’s not just because it’s a bubble as the west has failed to deleverage and let the market cool as China did. The west also has no qualms in stealing other countries holdings in the west as they did with Venezuela and Russia. If it were the other way around and a country were to nationalize the west’s holdings, the west is guaranteed to engage in a regime change operation in that country.